Facebook Spooks WallStreet with AI Spending

Meta (Facebook's parent company) saw a 15% drop in its stock value, after revealing an expensive and long-term investment in artificial intelligence (AI).

They are planning to allocate between $35 billion to $40 billion by year-end towards AI development and its metaverse division, Reality Labs.

This announcement alarmed investors, as Meta may not see revenue from these AI endeavors for several years. Meta's market value dropped $170 billion after the announcement.

Some analysts remain optimistic about Meta's aggressive AI strategy, pointing to improved user engagement and potential in newly launched AI products.

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US Economy: Dwindling Growth?

The US economy gross domestic product (GDP) escalated at a mere 1.6% annualized rate last quarter, a level that was below all anticipated projections.

This slowdown in growth is marked by a rising trade deficit that has made the most negative impact since 2022.

Meanwhile, core inflation has accelerated to a rate of 3.7%. The Dow plunged 700 points after the news broke.

Lastly, the job market for white-collar professions is experiencing a decline. Sectors such as finance, technology, and professional services are now hiring at only one-third the rate of the overall labor market.

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Net Neutrality is Back

The Federal Communications Commission (FCC) has successfully reinstated net neutrality rules. These rules prevent broadband providers from disrupting or biasing web traffic.

This move reasserts the FCC's authority over broadband services and is a reversal of the 2017 decision by the FCC that eliminated similar protections.

The decision marks a pivotal step toward maintaining an open and fair internet, ensuring that all data on the internet has equal chance of reaching consumers without interference.

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Physical Roots of Mental Health Conditions

Mental health symptoms are often not just psychological; they can have tangible physical triggers.

Research shows that infections can sometimes lead to mental health issues, such as obsessive-compulsive disorder, tics, or even psychosis.

Jessica Huitson was initially misdiagnosed with anxiety, her severe symptoms were eventually traced to an autoimmune disorder triggered by Streptococcus—a condition known as PANDAS. Once the underlying infection was treated, her health improved.

Beyond infections, inflammatory and metabolic disorders are also recognized as potential catalysts for mental illnesses.

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